Sat, May 26, 2012, 10:19 PM EDT - U.S. Markets closed

Apple reportedly close to iTunes deal in Brazil

Music publishers group says it close to deal with Apple to launch iTunes in Brazil

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SAO PAULO (AP) — A music publishers' group says it is close to signing a deal with Apple that would finally bring iTunes to Latin America's largest nation.

Executive Director Michaela Couto of the Brazilian Union of Music Publishers tells the O Globo newspaper that negotiations with Apple Inc. are at an "advanced stage" and that iTunes could be launched in Brazil by mid-December.

Calls to the union for comment went unanswered Wednesday.

Apple Brazil spokeswoman Juliana Nunes says the company has no immediate comment on the negotiations reported by O Globo.

 

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